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Sienna SENIOR LIVING Sienna Senior Living Inc. Provides Operations Update and Reports 2020 Fourth Quarter and Year - End Financial Results MARKHAM , Ontario , Feb. 18 , 2021 ( GLOBE NEWSWIRE ) Sienna Senior Living Inc. ( " Sienna " or the " Company " ) ( TSX : SIA ) today provided an update on its operations and announced its financial results for the three months and year ended December 31 , 2020. The Consolidated Financial Statements and accompanying Management's Discussion and Analysis ( " MD & A ” ) are available on the Company's website at www.siennaliving.ca and on SEDAR at www.sedar.com . " With many of our residents and team members now vaccinated , we have new protection and renewed hope amid the evolving challenges of the pandemic , " said Nitin Jain , President and Chief Executive Officer of Sienna . " As we look beyond the pandemic , our development plans are progressing and our focus remains steadfast on the important role we play in the lives of our 13,000 team members and 10,000 residents and their families . Our plans and actions are firmly anchored in Sienna's core belief that it is a privilege to care for and serve Canadian seniors . " Operations and COVID - 19 Response We want to acknowledge our team members and the many stakeholders who are dedicated to supporting us in our ongoing fight against COVID - 19 , including the Governments of Ontario and British Columbia , our sector associations , and our healthcare partners . During the fourth quarter of 2020 , Sienna's vaccination task force has been focused on logistical and resource planning , consent collection , and team member and resident education to ensure readiness and success in the roll - out of the vaccines . • Vaccinations - Since mid - December 2020 , Sienna's vaccination task force has been supporting the roll - out of vaccines across all of our residences in Ontario and British Columbia . As of February 16 , 2021 , • • approximately 92 % of Sienna's long - term care residents and approximately 60 % of Sienna's long - term care team members have been vaccinated ; and , approximately 46 % of Sienna's retirement residents and 28 % of the retirement team members have been vaccinated . Administration of the second dose is underway at many of our long - term care and retirement communities . " With vaccine shortages impacting the entire country , we are thankful that so many of our residents , team members and essential caregivers have received their vaccinations over the past two months many of them are now fully vaccinated , " said Dr. Andrea Moser , Chief Medical Officer at Sienna . - • COVID - 19 Cases As of February 16 , 2021 , 12 residences of Sienna's 83 owned or managed residences are in outbreak with active cases COVID - 19 , including three retirement and nine long - term care residences . From the beginning of 2021 , active COVID - 19 cases among our residents at Sienna declined by approximately 96 % and currently represent less than 0.2 % of our total resident population . • Additional Government Funding - On January 5 , 2021 , the Government of Ontario announced an additional $ 398 million in funding for costs related to enhanced staff and visitor testing requirements and continued prevention and containment efforts . In addition , the occupancy protection funding has been extended to February 28 , 2021 for long- term care residences affected by access restrictions and capacity limitations in multi - bed rooms . The Government of Ontario is also funding the increased pay of $ 3 / hour for personal support workers until March 31 , 2021 . • Increased Staffing – From March to December , Sienna increased the number of its team members by 1,200 to over 13,000 and its total pool of full - time staff members by 16 % to over two thirds of its total workforce to support frontline team members and ensure continuity of care for residents . Acceleration of Developments in Ontario Sienna's development plans include over $ 600 million in capital investments to redevelop its Ontario Class C long - term care portfolio through new and upgraded facilities over the next five to seven years . This is a major opportunity for Sienna and its shareholders to invest with purpose to enhance the lives of the seniors we serve and enrich the work environment of our team members . A number of development projects in Ontario are in advanced stages of planning and approval by regulatory and local authorities , including : • Altamont Care Community ( " Altamont " ) redevelopment an active pursuit of a partnership with Scarborough Health Network to redevelop Altamont in Toronto into a new long - term care campus ; and • Two Class C redevelopments - construction is expected to commence at two projects that have been prioritized in 2021 , including a previously announced redevelopment in North Bay .